Remy's business is her general store, which she has had for almost four years. She is 47 years old and is married with two children. Remy dreams of lifting up her children from poor living; that's why she is always busy managing their sari-sari store (general store) business.
Remy wants to re-stock her business, but she lacks the necessary capital. Therefore, she is asking for a loan in the amount of 18,000 PHP to buy cooking oil, assorted bread, condiments, beverages, and curls to sell.
She hopes for the improvement of her business.
About Alalay sa Kaunlaran, Inc.
This loan is made possible by Alalay sa Kaunlaran, Inc. (ASKI), which means “a partner in development.” ASKI has been in operation for 25 years and runs multiple successful initiatives in addition to microlending. Its main microfinance branch focuses on lending to microentrepreneurs, small farmers, and fisher folk. ASKI also provides microinsurance and marketing support for borrowers, as well as educational programs to develop the skills of both borrowers and staff. The ASKI Foundation funds community development projects such as a daycare feeding program and scholarships for children. ASKI Global helps overseas Filipinos develop entrepreneurial and financial skills to maximize the impact of remittances.